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As per our earlier post regarding coal shipment data on the rail roads, our methodology dictated short sell on $CNX from $52.80 as the price pattern appeared to start a double top.
Consider scaling out more $AMGN right here around $56.42
We have been short on $AMGN. Details in the earnings report prove our thesis to be correct. However in view of the generally bullish market, we suggest taking partial profits right here at $56.92 and tightening the stop band on the rest. Consider exiting the position by scaling out.